Office building in Stuttgart.
Description
Building with a leasable area of 39,500 m².
Car parking for 380 spaces.
The annual income is 3,240,000 €.
The lease agreement is valid until 2031.
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 5%.
Brokerage fee is 3% + VAT 19% (total 3.57%).
The building is located in Stuttgart.
Stuttgart is the capital of Baden-Württemberg, one of the most important industrial and cultural centers of Germany. More than 630 thousand people live In Stuttgart (the 6th largest city in the country). The city with its agglomeration (5.3 million people) is one of 20 metropolitan areas with the largest percentage of gross domestic product in Europe.
Stuttgart is an important transport hub of Germany with an international airport (capacity of 11.8 million) and a railway station (traffic flow of 220k per day).